Possible tax on Art and wine even if not sold, how long before coins are in that mix?
From USA Today, "Should the wealthy pay taxes on expensive art and wine? Joe Biden thinks so. Here's how it would work". If something like this became reality, I have to think that coins would be put onto that list along with physical gold and silver. Should this or some version of this be enacted into law how do you think the rare coin market be impacted? Here is a link to the article for those interested in reading it.
Please this is not about politics just wondering if others would have concerns about this type of policy and the impact on collectors and the coin market.